Question

Mackenzie Bezos, the ex-wife of founder Jeff Bezos, owns a large number of Amazon's shares. Using the Bloomberg quote data in 6.4, what is the market value of Mrs. Bezos Amazon holdings

Answer 1

Answer: $48.26 billion

Step-by-step explanation:

Mackenzie Bezos holdings will be the percentage of the shares she owns times the total Market Capitalization of Amazon.

Total Market Cap = $1,215.5 B

Mackenzie owns 3.97% of Amazon.

= 1,215.5 * 3.97%

= $48.26 billion